Doesn’t it seem confusing sometimes just to get yourself a rental car? There appears to be so much paperwork and so many decisions to make.
For example, should you get the collision damage waiver or not? Should you buy additional insurance coverage from the car rental company?
If you have ever watched people at the rental car counter, you understand these are questions that most people struggle with. Sometimes it is possible to decline additional insurance on car rentals, but there are specific instances that you ought to always buy the insurance. But how will you know?
One of the biggest regions of confusion is the Collision Damage Waiver (CDW) offered by the car rental company at the time of rental. It covers harm to the rental car if you are involved in an accident.
chauffeur London isn’t exactly insurance, and it only covers only harm to the rental car. It doesn’t cover property damage or accidental injury. If CDW is purchased, the automobile rental company waives some or all of its right to gain from you for physical damages to the automobile.
So should you purchase the CDW the car rental agency pushes at you? Experts say that a lot of people don’t require it but purchase it anyway. That is a very costly mistake!
You can save yourself a lot of hassle and unnecessary cost by doing three things. First, check your personal car insurance to see what coverage carries to rental cars. Second, see if the credit card you are using offers any coverage for renting. And finally, check the options the car rental agency offers in its policies.
Many auto insurance policies include all-inclusive and collision coverage to damages to rental cars. There is absolutely no sense spending money on more if your policy includes this coverage, right? Just verify the facts with your insurance agent before you decline the car rental company’s additional insurance options.
Typical auto insurance policies provide liability coverage that extends to car rentals. In the event that you injure someone within an accident while driving accommodations car, your policy will most likely cover you. If your vehicle insurance policy will not provide these coverages if you are driving car rentals, be sure you purchase additional insurance from the car rental company to safeguard yourself.
In addition, many credit cards offer coverage for rental cars. If your charge card includes coverage for car rentals which were damaged in an accident, you don’t need to buy any other additional insurance coverage the car rental company offers you.
Finally, read the car rental policy carefully and decide whether your car insurance or charge card covers you. Then discuss the car rental’s coverage with the agent. Always make the best decision. Don’t give into pressure by the automobile rental agent.
Deciding whether or not to cover additional insurance coverage the car rental companies offer could be a tough decision. Check with your credit cards and existing car insurance to see if they provide rental car provisions, and if they don’t really, you’d better consider spending the excess money for additional insurance on your own protection.